Fartcoin (CRYPTO: FARTCOIN) has dropped significantly from highs set one week ago, but traders on social media remain adamant about the meme coin’s future prospects.

What Happened: Self-proclaimed narrative trader ElonMoney shared Nansen data showing that Fartcoin's net inflows hit $10.3 million in 24 hours, the highest among meme coins like Popcat, Dogwifhat and SPX.

Crypto trader Altcoin Sherpa humorously charted three potential scenarios: "It could go up or it could go down. The end." He confirmed that he's still holding his position.

DragosDen sees Fartcoin's current fear-driven selloff as a counter-indicator, suggesting a major rebound is likely based on technicals, on-chain data and sentiment analysis.

Technically, the coin has printed 8 out of 9 red daily candles, mirroring a past 55% pullback before a strong recovery.

The current 65% correction aligns with past major dips, and the price sitting just below $1 makes it a strong accumulation zone.

On-chain data supports resilience, with the number of holders steadily increasing toward 100,000 and Fartcoin ranking as the 10th most traded token, seeing $1.5 billion in 24-hour volume.

Sentiment appears to be at a local extreme, with widespread negative commentary, analytics nearing historical lows (previously marking bottoms), and large whales still accumulating despite recent price weakness.

Additionally, the coin remains largely unlisted on major spot exchanges, presenting a potential future catalyst.

Given Fartcoin's history of sharp rebounds following similar dumps, the trader believes that if the broader market remains stable, the coin has a high probability of making a strong move upward.

However, volatility is expected to continue until it secures Tier 1 spot listings.

What’s Next: Traders watching meme coin cycles believe the next move could be explosive—if broader market conditions hold.

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